RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:A shares Bicente
Whatever your political views are about Trdeau...why would you totally degrade the covid relief funds as Canada is the only one with such a plan.
Europe has a 2.1 trillion dollar one that is presently blocked by poland and hungary but not because of fiscal reasoning but because they are tied to openenss on free speech and human rights. Maybe you would like to see the same hunger lines in canda as you presntly see inthe states. But then again..You would blame trudeau for that also if it came to pass.
bicente wrote: There is definitely a covid -caused addition to the debt but on the other hand we do not have all the numbers yet , let's not forget that Troudope is giving away money to everyone for salaries, stay-at-home workers , rents to industries and wherever he can throw the cash at ... hopefully the bomber got some if that free cash , that's as close as I would get to some of that loot ... some people are actually making more money because of covid cash ... GLTA
quote=Jim99999]They may not have a choice. If they still have control now, it is only by a sliver.
Covid-19 has hurt them badly. Originally, they projected $2.5B net debt after Alstom deal. That is now projected to be at least $4.5B. Actual LTD will likely be north of $6.5B
after Alstom proceeds are applied. They have $4.35B debt due by Jan 2023.
To my thinking, they need an additional ~$2B at low rates. I don't think they will get this without giving up control (or at least the deal being structured such that they might lose control if certain targets are not achieved).
Jim
bicente wrote: this is why I believe Martel said that he did not need the govts' help ... I believe the family has found cheap financing to cut down their interest rates and must give up some equity BUT they will not give up the voting percentages ... I think they are working on giving up futur profits/divids whatver without giving up control , if that is possible ...one thing is for sure , it is good news ... GLTA
raphaelle2 wrote: Very likely.I Lets not forget that Bain Cap. has been working hand in hand with the Family to structure BRP. With both making ( and still) making a killing. I dont see EM restructuring the debt by himself. Not enough leverage. Complete different picture with a strong US partner.Will know soon! GLTA in board !
clubhouse19 wrote: Pablo You made me think of something of the possibility that the move of the A shares has something to do with addressing the debt How it woll be structured remains to be seen. That is why imo the A shares have diverged so much from the b's
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